Armed and Ready to Battle the Ever Evolving Adversary

In the second quarter of this year, cybercriminals tried to inject more than 1 million malware programs into financial companies worldwide, a 50 percent jump from the same period in 2015. ~Kaspersky Lab

Financial services firms will need the highest increase in security spending to avert cyber attacks. Financial services companies face a “13-fold rise to $292.4 million per company in cyber security spending to fend off 95% of cyber attacks.” ~Deloitte Transforming Cybersecurity in the Financial Services Industry report

54% of businesses surveyed had come under attack from ransomware in the last 12 months. The survey contacted 540 companies, and it found that the most commonly targeted types of business were in the healthcare or finance industries. ~ An Osterman research survey

Indonesia is ranked second among countries where cyber attacks are launched and is the most prone to cyberattacks. The most alarming fact is that in 2015 there was a four-fold increase in cybercrimes from 2014. ~Office of the Coordinating Minister, Indonesia

The average number of attacks against financial services institutions is four times higher than that of companies in other industries. Adversaries are constantly changing their attack strategies, so that cyber security leaders need to be always vigilant and watchful for the next threat. In this dynamic landscape, we must make certain that we are adaptable even in challenging situations, and look for solutions that are preventive rather than reactive.

What Our Past Attendees Had to Say

"The exchange format is a fantastic way for the right people (vendor, CISOs, CIOs, Heads of Risk etc) to interact in an environment that really facilitates open sharing, interaction, networking, and working on shared challenges."

"Useful to know what's happening and what is new in the cyber security space. I found it good to hear what a lot of my counterparts are doing to address new online threats, and what solutions have worked for them. It's important to get together with my peers to discuss issues and get fresh ideas, and this was a useful forum to do so. Overall, a good event. Keep up the good work!"

Mark Lim, Global Head of IT - Travel Insurance, Chubb Asia Pacific

"Given a range of businesses that you would get from the 1-to-1 meetings discussion for the next 12 months, I’d give it an estimate value that ranges from USD$1m to $3m. "

Seenivasan Thimma Balasubramanian, Rapid 7

"I really benefitted from this event, there were a variety of topics and it met my expectations. The panellist discussions were very good and there was enough time for Q&A."